According to three sources, Glencore Xstrata Plc looked to sell its Dakota Growers Pasta Co unit after its US$6 billion purchase for Viterra.
Investors
Publicis Groupe acquires China's Net@lk
China's foremost social media services provider, Net@lk, was acquired by Publicis Groupe. Today, Publicis Groupe announced that it acquired China's foremost social media services provider, Net@lk.
Neutra Corp. enters joint venture with Vertigo Technologies
Neutra Corp. entered a joint venture with Vertigo Technologies through its subsidiary, Cannabis Technologies, Inc.
Santander Consumer plans to raise US$50 million in its IPO
Santander Consumer released plans to raise US$50 million in its IPO. The lender behind Chrysler Capital, Santander Consumer USA, released a plan to raise at least US$50 million in an initial public offering, according to official papers filed with the U.
Global Blue and NTT DATA establishes joint venture, Global Blue TFS Japan Co., Ltd.
Global Blue and NTT DATA established joint venture, Global Blue TFS Japan Co., Ltd. to provide tax refund services to foreign travelers in the country.
Latest News
Tech Finance extended its noteholder tender offer expiry date to July 11, 2013. Technicolor announced that the expiry date of Tech Finance's noteholder tender offer would be extended to July 11, 2013, which was originally set for July 9.
Ally Financial, preparing for its IPO, has dropped JPMorgan from its list of underwriters. The removal of JPMorgan Chase & Co. , from the list of underwriters for its planned initial public offering of Ally Financial Inc.
A biotech company wants to raise US$125 million through its IPO. Intrexon Corp, a Florida-based biotechnology company, has filed with U. S. Securities and Exchange Commission an initial public offering of common stock.
Nuclearelectrica IPO delayed until late July, at the least. Nuclearelectrica has announced that its initial public offering would be postponed until late July, at the very least.
Kymeta, an antenna developer and a spinoff of Intellectual Visions, raises US$50 million. Kymeta, a Redmond-based satellite antenna developer, said it had raised $50 million in capital.
Active Power named board chairman as new interim president and CEO. Active Power named its chairman of the board, Dr. Ake Almgren, as its new interim president and chief executive officer.
Geniki Bank presents its binding bid for troubled New Hellenic Postbank. Greek lender Geniki Bank confirmed that it has submitted its bid to acquire New Hellenic Postbank.
Patterson Companies acquired stock of National Veterinary Services for GBP87.5 million. Patterson Companies, Inc. announced that it would be acquiring stocks of National Veterinary Services (NVS).
Tokyo Stock Exchange Inc. President Akira Kiyota wanted to revive the Japanese markets by targeting more initial public offerings.
